Plan Ledger DOL Form 5500 · updated monthly

Casters Holdings, LLC401(k)

SEMASIO 401(K) PLAN · CHICAGO, IL · plan year 2023

Reported admin expense ratio · 2023
0.22%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Casters Holdings, LLC reported $6,864 in plan administrative expenses for 2023: 0.22% of average plan assets, below the peer median. Employer contributions averaged $5,041 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.29% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (3,164th of 3,702), and 10,366th of 11,654 in professional & technical services. In 2023, employees put in $3.37 for every $1.00 the employer contributed; active participation has shrunk from 130 to 51 since 2022.

Plan summary
Net assets, end of year$3,469,401
Participants with balances138
Active participants51
Employer contributions$257,088
Employee contributions$865,489
Employer contribution per active participant$5,041
Average account balance$25,141
Benefits paid to participants$1,085,396
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 105 accts
2023$3.5M · 138 accts · $257K emplr
2022$2.9M · 218 accts · $436K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$76
Investment management$6,788
Total administrative$6,864
The Casters Holdings, LLC 401(k) match · 2023
Employer contribution per active participant$5,041
Median for plans this size$1,308
2023$5,041 per active participant
2022$3,356 per active participant

Casters Holdings, LLC's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$6,863

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$6,830 · 0.20%
2023$6,864 · 0.22%
2022$6,598 · 0.29%
Similar plansProfessional & Technical Services · Illinois
Konekt IL$4.1M · 0.11%
Calmark Group, LLC IL$3.7M · 0.27%
Business Talent Group LLC IL$3.4M · 1.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842521131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.